2 Wear Drive, Chelmsford, CM1 7PT is a leasehold flat built between 1967-1975. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £199,008 , which equates to approximately £313 per square foot. It was last sold on 7 Sep 2012 for £125,000. Since then, the value has increased by £74,008, representing a 59.2% increase, or approximately 4.5% per year.

The current estimated value of £199,008 is:

  • 36.9% lower than the average property price on Wear Drive
  • 35.6% lower than the average in the CM1 7PT postcode area
  • and 54.3% lower than the average price for Chelmsford as a whole

At the most recent EPC inspection on 10 May 2012, the property was recorded as owner-occupied.

View sold house prices in CM1 7PT

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£199,008
Price Per sq ft (estimate)
£313
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Wear Drive, Chelmsford, Essex, CM1 7PT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Oct 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 May 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to CM1 7PT

19 th / 30
Price Rank
36% lower than average
14 th / 23
Size Rank
24% smaller than average
19 th / 23
Price Per Sq FT Rank
15% lower than average

Compared to other properties in CM1 7PT , this maisonette's estimated value ranks 19th out of 30. Based on price per square foot, it ranks 19th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 23 properties in its postcode area.

Sale History

Today
£199,008
streetscan.co.uk estimate
+59 %
7 Sep 2012
£125,000
Leasehold
+212.5 %
7 Mar 1996
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £230,000
sale date: 15 Oct 2025
rooms: 3
size: 592 sq ft
sale price: £180,000
sale date: 28 Mar 2025
rooms: 3
size: 603 sq ft
sale price: £230,000
sale date: 23 May 2024
rooms: 3
size: 646 sq ft
sale price: £204,000
sale date: 27 Sep 2021
rooms: 3
size: 581 sq ft
sale price: £195,000
sale date: 2 Jul 2019

Data Sources

The property at 2 Wear Drive, Chelmsford, CM1 7PT appears two times in the Land Registry records, with the latest transaction recorded on 7 Sep 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.